Housing Committee Meeting: Coffee, Tea and Me!
Sat, Oct 04
|Chicago
Help State Rep. La Shawn K. Ford develop a Housing Platform for the 7th District of Illinois
Time & Location
Oct 04, 2025, 9:30 AM – 10:30 AM
Chicago, 4234 W Madison St, Chicago, IL 60624, USA
Guests
About The Event
Background:
Key Housing Characteristics — IL-07 (Illinois 7th)
Here are the notable features of housing in the district:
Metric Value / Description Notes & Comparisons Median value of owner-occupied housing units ~$323,700 (± ~16,200) (Census Reporter) Higher than Illinois state median (~$263,300) (Census Reporter) Median property value (2023) ~$336,000 (Data USA) Slight increase from ~$330,300 (2022) (Data USA) Homeownership rate 42.5% (Data USA) Much lower than the U.S. average (~65%) (Data USA) Owner-occupied with mortgage share ~61.6% of owner-occupied units have a mortgage (Data USA) Implies many owners carry mortgages Average car ownership per household ~1 car (Data USA) Lower than many suburban/rural districts Average commute time ~30.6 minutes (Data USA) Reflects substantial travel times Proportion of residents who moved recently ~16.3% moved in past year (Census Reporter) Higher mobility than state average (10.8%) (Census Reporter) Renter households share & burden Renters make up ~58% of all households (National Low…